NOT LISTED FOR SALE

87 Broad St Unit 3 Lynn, MA 01902

Diamond District Neighborhood

Estimated Value: $424,736 - $456,000

3 Beds
2 Baths
1,244 Sq Ft
$393/mo HOA Fee

Last Sold October 27, 2023

Last sale price $389,000 $313 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,018/month

26 Days on Market

Highlights

  • 0.18 Acre Lot
  • Porch
  • Baseboard Heating
  • Property is near public transit
  • Window Unit Cooling System

About This Home

As of October 2023

Large 3 Bedroom, 2 Full Bathroom, and 1244 square foot condo with a Separate Living Room and Dining Room plus Two Off- Street Parking Spots. This unit features Hardwood Floors throughout, a Modern Kitchen with Granite Counter Tops and Stainless Steel Appliances, A Front Deck, Shared Yard Space, and Laundry Hookups in the Basement...Walk to local shops, restaurants, and the Beach is close by. Commuter rail is right around to the corner for easy access to Downtown Boston.

Last Agent to Sell the Property

Sean Connolly

RE/MAX 360 Listed on: 09/07/2023

RE/MAX 360

Co-Listed By

Connolly Gallo Team

RE/MAX 360

Last Buyer's Agent

Robert Raiche

Century 21 North East

Century 21 North East

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,428

Year Built

  • Built in 1900

Lot Details

  • 7,841

HOA Fees

  • $393 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,244 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number M:082 B:598 L:014 S:003,4698833

Community Details

Overview

  • Association fees include water, sewer, insurance, ground maintenance, snow removal, reserve funds
  • 5 Units

Amenities

  • Common Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,428

Year Built

Built in 1900

Lot Details

0

HOA Fees

$393 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: 2/3 Family
  • Year Built: 1900
  • Entry Level: 3
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: N
  • Living Area: 1244
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AN4305
  • MAIN SO: AN4339

Exterior Features

  • Exterior Features: Porch
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Waterfront Features: Beach Front, Ocean, 1/2 to 1 Mile To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 393.46
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Public School, T-Station
  • Senior Community YN: No
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Grounds, Snow Removal, Reserve Funds

Lot Info

  • Parcel Number: M:082 B:598 L:014 S:003,4698833
  • Zoning: R5
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7967
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2428

Multi Family

  • Number Of Units Total: 5
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2023
Closed on
Oct 27, 2023
Sold by
Liebman Eric M and Strauss Gilly
Bought by
Walker Rachel M and Johnson Eric M
Seller's Agent
Sean Connolly
RE/MAX 360
Buyer's Agent
Robert Raiche
Century 21 North East
List Price
$389,900
Sold Price
$389,000
Premium/Discount to List
-$900
-0.23%
Views
207
Current Estimated Value
$438,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,684
Avg. Annual Appreciation
5.83%
Original Mortgage
$369,550
Outstanding Balance
$362,698
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$75,986
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Walker Rachel M $389,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Rachel M $369,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2023 10/27/23 Sold $389,000 -0.2% $313 / Sq Ft
10/03/2023 10/03/23 Pending -- -- --
09/07/2023 09/07/23 For Sale $389,900 0.0% $313 / Sq Ft
01/01/2023 01/01/23 Rented $2,550 -1.9% --
12/17/2022 12/17/22 Under Contract -- -- --
11/30/2022 11/30/22 For Rent $2,600 -- --
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,893 $375,800 $0 $375,800
2024 $3,056 $290,200 $0 $290,200
2023 $2,428 $217,800 $0 $217,800
2022 $2,352 $189,200 $0 $189,200
2021 $2,332 $179,000 $0 $179,000
2020 $1,960 $146,300 $0 $146,300
2019 $1,965 $137,400 $0 $137,400
2018 $1,971 $130,100 $0 $130,100
2017 $1,830 $117,300 $0 $117,300
2016 $1,814 $112,100 $0 $112,100
2015 $1,648 $98,400 $0 $98,400
Source: Public Records

Agents Affiliated with this Home

  • Sean Connolly

    Seller's Agent in 2023

    Sean Connolly

    RE/MAX 360

    (614) 327-2093

    5 in this area

    46 Total Sales

    Sean Connolly
    Section Image
  • Connolly Gallo Team

    Seller Co-Listing Agent in 2023

    Connolly Gallo Team

    RE/MAX 360

    (978) 808-6718

    5 in this area

    75 Total Sales

    Connolly Gallo Team
    Section Image
  • Robert Raiche

    Buyer's Agent in 2023

    Robert Raiche

    Century 21 North East

    (978) 530-9797

    1 in this area

    78 Total Sales

    Robert Raiche
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73156306

MLS Property Information Network (MLS PIN)

APN: LYNN-000082-000598-000014-000003-000003

Massachusetts Essex County Lynn 01902 Diamond District

87 Broad St Unit 3, Lynn, MA

Not Listed for Sale

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